Violation Tracker Individual Record
Company:
Wells Fargo & Company
Current Parent Company:
Wells Fargo
Penalty:
$35,000,000
Year:
2020
Date:
January 15, 2020
Offense Group:
employment-related offenses
Primary Offense:
wage and hour violation
Violation Description:
The case involved the failure to pay overtime to hourly employees engaged in selling financial services to the public.
Level of Government:
federal
Action Type:
private litigation
Court:
District of New Jersey
Civil or Criminal Case:
civil
Case ID:
2:16-cv-7840
Case Name:
Merino et al v. Wells Fargo & Company et al
Private Lawsuit Resolution Type:
settlement
HQ Country of Parent:
USA
HQ State of Parent:
California
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
banking
Link to PACER Case Docket (must be logged in):
Link to Archived Court Document:
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
